With China doing massive money printing and stimulus, our Chinese stock market positions are soaring, and this is great news for gold.
Gold Editorials & Commentary
Gold-Eagle gold and precious metal news, market analysis and editorials from world renowned gold analysts and market experts. Stay informed with the latest news and analyses on gold prices and perspectives on the economy to guide your investing decisions.
October 4, 2024
For technical analysts, the end of September means fresh monthly and quarterly charts. Our entire world is focused on the short term at the expense of the long term. As such, monthly and quarterly charts are rare.
The ratios of gold to stocks (SPX) and the miners to stocks (SPY) are still intact to the rally theme. There are of course macro and sector fundamentals and nominal chart technicals to consider. But one aspect of the ongoing rally view that is important as well are...
In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey discusses the current state of the U.S. dollar, the ongoing threat of inflation, and why holding gold and silver remains a vital strategy for preserving wealth.
Federal Reserve technocrats like to use a variety of slogans and buzzwords designed to make the Federal Reserve look like it’s an apolitical, “scientific” institution guided only by a quest for sound management of the economy.
US stocks ripped higher on Monday, with all three indexes closing at new records. Yahoo Finance said the S&P 500 marked its best year-to-date performance at the end of September since 1997 and its best fourth quarter since Q4 of 2021.
The Hungarian National Bank has joined the growing number of central banks globally, increasing their gold reserves. In a recent press release, Hungary's central bank announced it has increased its gold holdings from 94.5 tons to 110 tons this year.
The gold price has settled into a range this week following another torrid rally in September. And with the banks still holding a record short position, the possibility of a selloff remains elevated.
October 3, 2024
The discovery of gold in the United States profoundly shaped the nation’s economic and social development, especially during the 19th century.
October 2, 2024
Physical gold is no longer cheap. When I began publishing for Gold Eagle in late-2015, physical gold was trading near $1,100 per ounce. It had been declining for four years, following the September 2011 peak at $1,920 per ounce. No one wanted it.
During the 2008 Great Financial Crisis (GFC), the monetary system faced a significant challenge. In a gigantic effort to contain the financial crisis, large amounts of U.S. dollars were created by increasing the monetary base.
According to Bank of America, gold has overtaken the euro to become the world’s second-largest central bank reserve asset. With the central bank gold buying spree over the last several years, along with the rapid rise in price in 2024, the yellow metal now makes up...
The videos coming out of western North Carolina, of entire towns wiped off the map by flood waters of Hurricane Helene, are both tragic and shocking. Lesser, but serious, impacts have been felt across the entire region. The residents of much of southern Appalachia,...
Goldman Sachs sent out a new gold report on Monday, and they once again raised their gold target for early 2025. This time to $2,900.
October 1, 2024
Tanzania is poised to expand its gold reserves. According to a Reuters report, the East African nation's mining regulator has ordered all mining firms and gold exporters to allocate 20 percent of their gold for purchase by the Tanzanian central bank.
After moving to its Fibonacci-extension-based target, gold price declined – so far, just modestly so.
The month of October begins with a pause in gold’s relentless rally against fiat. The pause is likely related to technical factors as well as the Oct 2-7 is “Golden Week” holiday in China. Most dealers and stores close for the holiday. The lull in demand often sees...
Gold hit another all-time high as traders parsed the latest remarks from Federal Reserve officials (timing and speed of future interest rate cuts) and prepared for key U.S. economic data, Bloomberg reports. Bullion hit a record of $2,640.11 an ounce, beating the...
Let’s now introduce some gold discussion, as gold is the asset (IMO) that will ultimately prevail in the developing macro. However, if we can leave aside our mentalities as casino patrons, we may realize two things…
Many investors, businesses, and consumers cheered the Federal Reserve’s first interest rate cut since March of 2020. The Fed’s 50 basis points interest rate reduction was larger than many Fed watchers anticipated and was followed by suggestions that there are more...
One of the primary reasons that investors turn to physical gold and silver is to eliminate counterparty risk. Stock markets can melt down, banks and brokerages can close, the currency can hyperinflate, the federal government can default on Treasury debt, or all of...
Well, that didn’t take long. In April, Zimbabwe introduced a gold-backed currency in an effort to stabilize the country’s financial system. Less than six months later, the Reserve Bank of Zimbabwe has already devalued the new money.
In a recent interview with Money Metals Podcast host Mike Maharrey, Gerald Celente, Founder of the Trends Research Institute and Publisher of the Trends Journal, discussed the significant global issues that he believes are shaping the future.
Gold and silver prices are slightly lower to start the week, while the Nikkei is down almost 5% overnight.
September 30, 2024
As many of you may have read from my prior articles, I am expecting the market to transition into a major bear market as we look towards 2025. In fact, back in 2016-2018, I began to bring up this expectation to our subscribers.
We expected a latter stage market rotation to include commodities, and now it is here.
The Federal Reserve’s decision to cut interest rates by 50 basis points boosted US stocks and has some observers wondering whether we are gliding towards an “everything rally”.
The inflation outlook has improved, but it is still very much in the news. Although the rate of increase has slowed, prices remain more than 20 percent above what they were four years ago. At the same time, most analysts understand that the slow and at times...
In an insightful interview, Jonny Haycock, Partner at VON GREYERZ, explores critical topics shaping the global financial landscape and the signals family offices must not ignore.
Gold traded up close to $2720, a technical target we mentioned a few weeks ago. Silver reached $32 but sold off to end the week. Nevertheless, it made its highest weekly close in 11 years.